Podcast
Questions and Answers
What should deck officers be skilled in when it comes to navigation planning for anchoring?
What should deck officers be skilled in when it comes to navigation planning for anchoring?
Why is it important for deck officers to be aware of vessels' anchoring systems?
Why is it important for deck officers to be aware of vessels' anchoring systems?
What factors should deck officers consider for safe anchoring?
What factors should deck officers consider for safe anchoring?
What actions should deck officers take to prevent dragging while at anchor?
What actions should deck officers take to prevent dragging while at anchor?
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How should deck officers respond when dragging is detected during anchoring?
How should deck officers respond when dragging is detected during anchoring?
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A voyage charter is the hiring of a vessel and ______ for a voyage between a loading port and a discharge port.
A voyage charter is the hiring of a vessel and ______ for a voyage between a loading port and a discharge port.
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The payment for the use of the vessel is known as ______.
The payment for the use of the vessel is known as ______.
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If laytime is exceeded, the charterer must pay ______.
If laytime is exceeded, the charterer must pay ______.
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A time charter is the hiring of a vessel for a ______ period of time;
A time charter is the hiring of a vessel for a ______ period of time;
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In commercial demise chartering, the charter period may last for many years and may end with the charterer acquiring ______ of the ship.
In commercial demise chartering, the charter period may last for many years and may end with the charterer acquiring ______ of the ship.
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Study Notes
Chartering in Shipping
- Chartering is a concept where someone contracts with a shipowner for the use of all or part of their vessel.
- The shipowner gets a relatively assured income, and the charterer gets the right to use the carrying capacity of the vessel on the most favourable terms.
Charter Parties
- Written contracts covering the leasing of a ship are known as "charter parties", which derives from the Medieval Latin phrase "carta partita", meaning "divided document".
- This custom was used to ensure the authenticity of a document by executing the contract twice on the same piece of paper, then tearing it into two irregular portions, each party taking one portion.
Types of Charters
- Voyage Charter: hiring of a vessel and crew for a voyage between a loading port and a discharge port, paying the vessel owner on a per-ton or lump sum basis.
- Contract of Affreightment: shipowner undertakes to carry a number of cargoes within a specified period of time on a specified route.
- Time Charter: hiring of a vessel for a specific period of time, where the charterer selects the ports and directs the vessel.
- Trip Time Charter: a short time charter agreed for a specified route only.
- Bareboat Charter (Demise Charter): hiring of a vessel without administration or technical maintenance, where the charterer gets full control and responsibility for the vessel.
Chartering Terms
- Laytime: a period specified for loading and unloading cargo, with demurrage paid by the charterer if exceeded, and despatch paid to the charterer if saved.
- Freight: payment for the use of the vessel.
- Freight Rate: may be on a per-ton basis, in Worldscale points, or a total sum per day.
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Description
Test your knowledge on navigation planning, anchoring systems, and safe anchoring procedures for deck officers. Includes topics like swinging circles, holding ground, wind and tide effects, and actions to prevent dragging.
